GLOBAL ECONOMY AND TERRORISM

Journal Title: Acta Economica - Year 2003, Vol 2, Issue 2

Abstract

In this work, the author is going to analyze two dominant modern world phenomena – globalisation and terrorism. These two phenomena have a different significance and influence on the overall development and progress of the global society. Although completely different in their effects, they touch and influence one another. Economic globalization contributes to acceleration of economic activities, with the goal of achieving the integration of finances, market and technology, rational use of the world resources, raising the global standard of living and reducing poverty. Terrorism strives to destroy the economic and social being of the global society. In order to achieve that, it is becoming globalised and international. Network is the paradigm of the global society, because everything is becoming connected and networked. Terrorism has sent a symbollic message in its struggle against globalization by giving one of its organizations the name “network” (Al Kaida). The pessimists are asking the questions such as whether global economy will survive global terrorism; whether global terrorism is going to push global economy from its global course; who will be the “winner” in this conflict; which characteristics is the global war on terrorism going to have, and which problems is it going to create?

Authors and Affiliations

Иван Шијаковић, PhD

Keywords

Related Articles

Limited Possibilities of Adapting the Economy of Bosnia and Herzegovina to the External Pressures of the Economic Crisis

The economic condition in Bosnia and Herzegovina (BiH) is dependent on the continuous inflow of money from foreign countries. Under the impact of the economic crisis, there is a reduction in foreign donations, remittances...

The interest rate as a stochastic variable – possible answer to financial markets volatility

This paper presents the interest rate in terms of consistent market, i.e. function of interest is defined as a continuous function which further allows to view the interest rate as a stochastic variable. In this context...

SMALL TRANSITION EMERGING MARKET FUTURE

Changing conditions in modern capital markets environment transforms stock exchanges from non for profit organizations with central positions in capital market and special governmental treatment to profit oriented compan...

Poverty in the Pre-transition Period - experience of the selected eastern european countries

Process of transition in Eastern European countries is complex phenomena consisting of four parallel process: simultaneous process of economical, political, constructional and cultural transformation. Or, other way out i...

The use of conjoint analysis to review the attractiveness of credit conditions

The increase in aggregate demand is one of the primary goals of every economy. By achieving this goal, many positive effects in economy are also achieved which is manifested through increase in consumption, investment and...

Download PDF file
  • EP ID EP43559
  • DOI -
  • Views 256
  • Downloads 0

How To Cite

Иван Шијаковић, PhD (2003). GLOBAL ECONOMY AND TERRORISM. Acta Economica, 2(2), -. https://europub.co.uk./articles/-A-43559